
Jerome Powell speaks to the Wall Street Journal, the markets react instantly
The Fed Head’s WSJ interview generated plenty of interest in the [...]
Falling commodity prices and flat US markets provided no roadblock for the bulls to find buying opportunities across the ASX today with all sectors managing to trade in the black, pushing our Aussie 200 index up a handy 61.4 points. Germany’s Dax index managed to rise off average growth reports yet the US markets were flat despite beating analysts’ expectations of 3.5% GDP, hitting 3.9% for the third quarter.
How did the Aussie market perform today?
S&P/ASX200 gained 61.4 points or +1.14% on volume of $4.60 billion, closing at 5396.2.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
23% of stocks are showing oversold levels, 13% are showing overbought levels and 45% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Wednesday, 26 Nov, 2014 / 9:48
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